A significant number of Mergers remain unsuccessful, because companies do not employ a thorough and disciplined approach to realizing Post-Merger Integration Synergies. In reasons for failure, we hear remarks like: Targets were set several months earlier by the top management without consulting the line managers, or taking ground realities into consideration. Assumption base for setting […]
About Mark Bridges
Mark Bridges is a Senior Director of Strategy at Flevy. Flevy is your go-to resource for best practices in business management, covering management topics from Strategic Planning to Operational Excellence to Digital Transformation (view full list here). Learn how the Fortune 100 and global consulting firms do it. Improve the growth and efficiency of your organization by leveraging Flevy's library of best practice methodologies and templates. Prior to Flevy, Mark worked as an Associate at McKinsey & Co. and holds an MBA from the Booth School of Business at the University of Chicago. You can connect with Mark on LinkedIn here.Author Archive | Mark Bridges
6 Strategies for Post-Merger Integration Synergies
Product Management KPIs
Product Managers are responsible for defining the features or functions of a Product and for overseeing the development of the Product. The role of Product Managers spans many activities from developing Product Strategy to tactical plan and can vary based on the organizational structure of the organization. Typically, Product Leaders are involved with the entire […]
GE-McKinsey Matrix: A Strategic Business Portfolio & Investment Analysis Tool
A problem that executives often face is finding a tool to identify where and how to compete, identify profitable markets, evaluate investment options, and price their products rightly. GE-McKinsey Matrix is one such strategic planning tool that helps the executives make investment decisions and manage their product portfolio based on sound analysis. Outlined by McKinsey […]
The Future Work Environment: Digital Facilitation Methods
The global COVID-19 pandemic has forced organizations to rapidly adopt virtual work environments, making it the new norm in the Digital Transformation process. Digital Collaboration Platforms have been pivotal in the current scenario and have forever changed the work environment to include Virtual Work and Digital Facilitation. Digital Collaboration Platforms provide a combination of activities […]
How Do the Subject Matter Experts (Porter, Mintzberg, & More) Define Strategy?
Strategy is about the methods used to attain goals. It’s the “how” of achieving goals—desired future conditions and circumstances towards which effort and resources are spent until their achievement. If Strategy has any meaning at all, it is in relation to some aim or end in view. Strategy is 1 of the 4 dimensions of […]
Supply Chain Management: 6 Building Blocks of Warehouse Cost Reduction
Cut-throat competition in industries has driven companies to find ways to reduce costs while increasing efficiency. To accomplish this, most companies have skillfully endeavored to streamline Sales, Operations Planning, Forecasting, Inventory Management, and Logistics. One area that has still not grabbed industry’s attention is out-bound Supply Chain Management–from packaging to final delivery. Companies generally neglect […]
7 Principles of Business Process Reengineering (BPR)
With the advancement in technology, the usual emphasis on cost, growth, and control has been replaced by a laser focus on Innovation, Customer Service, Quality, and Employee Empowerment. Obsolete business processes, disjointed organizations, fragmented work routines, and complex performance management mechanisms in traditional firms have not been able to cope with the revolutionary business models […]
Employee Engagement: Measurement & Improvement
Employee Engagement has emerged as one of the significant pillars on which the Competitive Advantage, Productivity, and Growth Strategy of an organization rests. Employee Engagement has many facets. To assess an organization’s current status of Employee Engagement, executives need to devise a measurement system. Measuring Employee Engagement is vital in shaping Employee Engagement Strategies that […]
Strategic Human Resources
Today’s information-based, knowledge intensive, and service-driven economy has forced organizations to make substantial changes to the way they compete. Changing perspective and responsibility of top management amidst rapid Business and Digital Transformation and the shifting role of HR from being an auxiliary function to that of a driver are some of the dynamics of the […]
Warehouse Costing: Cleansheet Analysis
Warehousing costs at most firms are extraordinarily higher than they ought to be. Across the world, organizations spend around €300 billion annually on Warehouse Management. With the boom in online retail stores and the increasing complexity of Supply Chain Management, this spending is going to surge further. The leadership at these organizations understands that they […]
5 Obstacles Impeding the Adoption of Automation by the Logistics Sector
Digital Transformation has propelled technologies and innovation in Logistics. Artificial Intelligence is taking charge of a number of repetitive logistics tasks. Organizations are benefiting from Automation in streamlining their cumbersome processes and cutting down delivery times. Automation is profoundly affecting the way Logistics are handled. It is disrupting the entire Logistics Supply Chain, not just […]
11 Pillars of Quality 4.0 Framework
The introduction of emerging, digital technologies has ushered in the Fourth Industrial Revolution. To keep the competitive advantage in this era of Digital Transformation, leveraging contemporary technology is an absolute necessity. Using cutting-edge technology means not just augmenting, but in fact, revamping the whole Quality outlook. Quality 4.0 is the complimentary Quality approach to the […]